Jasmine
VIP Contributor
Just like in other areas, it is also very important to setting realistic investment goals. Having a clear goal will work as your investment strategy and help you measure the progress of your assets over time. First and foremost, you need to identify your financial objectives. Your objectives could be retirement planning, saving for a major purchase (a house for instance), etc. Next, create SMART strategy, or specific, measurable, achievable, relevant, and time-bound goals that match with your objectives. For instance, if your goal is to retire in next 10 years, calculate how much you need to gain each month to reach that target.
